Asia300

Maruti Suzuki India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 6,012.7
Mar 23, 2017
Market cap:
Market cap(USD):
1,816.31B
27,710.99M
Shares: 302.08M

Currency in INR

Company profile

Market(Ticker): BOM(532500)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 25,161

Business summary

Maruti Suzuki India Ltd. manufactures, purchases and sells of motor vehicles, automobile components and spare parts. The other activities of the company comprise facilitation of pre-owned car sales, fleet management and car financing. The company is a subsidiary of Suzuki Motor Corp. It offers various brands including Maruti 800, Omni and Eeco brands; international brands, such as Alto, Alto-K10, A-star, WagonR, Swift, Ritz, Ertiga, and Estilo; off-roader vehicles under Gypsy; SUVs under Grand Vitara brands; and sedans under SX4, Swift DZire, and Kizashi brands. Maruti Suzuki India was founded on February 24, 1981 and is headquartered in New Delhi, India.

Company background

Maruti Suzuki India, the country's No. 1 automaker, controls more than 40% of the domestic passenger car market.

The company started out as a state-run entity called Maruti Udyog in 1981. The following year, with the government actively promoting foreign investment in India, Japan's Suzuki Motor came on board as a joint venture partner.

The Japanese automaker gradually increased its stake in Maruti Udyog and turned it into a subsidiary in 2002. In 2007, the Indian government unloaded all of its remaining shares and the company was renamed Maruti Suzuki.

Although Maruti Suzuki is widely thought of as an Indian company, Suzuki owns a majority stake.

The company runs two factories in the northern state of Haryana. It has capacity for more than 1500,000 vehicles. Suzuki, meanwhile, is setting up an auto plant in the western state of Gujarat, scheduled to come onstream in 2017. This facility will be operated by a new, wholly owned Suzuki unit, rather than Maruti, but its output will be marketed by the Indian carmaker.

Although it focused on compact hatchbacks for years -- its Maruti 800 became an icon -- Maruti Suzuki now has sedans and sport utility vehicles in its lineup as well.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 574,475M
Gross profit 120,199M
Operating income 58,988M
Income before tax 66,296M
Net income 46,988M
EBITDA 87,658M
Diluted EPS 155.55
Dividends per share 35
Total assets 404,212M
Total liabilities 126,581M
Total equity 277,487M
Operating cash flow 85,577M

Currency in INR

Revenue 8,774.51M
Gross profit 1,835.91M
Operating income 900.98M
Income before tax 1,012.60M
Net income 717.69M
EBITDA 1,338.88M
Diluted EPS 2.37
Dividends per share 0.53
Total assets 6,103.84M
Total liabilities 1,911.44M
Total equity 4,190.22M
Operating cash flow 1,307.10M

Currency in USD

Valuation measures

Mar 2016

PER 23.90
ROA 12.52%
ROE 18.04%
Operating margin 10.26%
Profit margin 8.17%

Key executive

  • CEO, Executive Director & Joint Managing Director: Kenichi Ayukawa
  • Chief Financial Officer: Ajay Seth
  • Executive Officer-Information Technology: R. Uppal
  • Secretary & Chief Compliance Officer: Ravi S. Aiyar
  • Executive Director-Services: Pankaj Narula

Share holders

  • Suzuki Motor Corp.(56.2%)
  • Life Insurance Corp. of India(5.6%)
  • HDFC Asset Management Co. Ltd.(1.2%)
  • Abu Dhabi Investment Authority (Investment Management)(1.2%)
  • The Vanguard Group, Inc.(0.9%)
  • BlackRock Fund Advisors(0.9%)
  • ICICI Prudential Asset Management Co. Ltd.(0.9%)
  • JF Asset Management Ltd.(0.8%)
  • Birla Sun Life Asset Management Co. Ltd.(0.7%)
  • Fidelity Management & Research Co.(0.7%)

Address

  • Website: http://www.marutisuzuki.com
  • Address: Plot No. 1, Nelson Mandela Road, New Delhi, 110070, India
  • Phone: +91.11.46781000

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.